Company No: 12813449 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.07.2025		31.07.2024
		£		£
Fixed assets
Tangible assets	3	815		1,240
		815		1,240
Current assets
Cash at bank and in hand		6,845		7,730
		6,845		7,730
Creditors: amounts falling due within one year	4	( 17,829)		( 9,146)
Net current liabilities		(10,984)		(1,416)
Total assets less current liabilities		(10,169)		(176)
Net liabilities		( 10,169)		( 176)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		( 10,269 )		( 276 )
Total shareholders' deficit		( 10,169)		( 176)

For the financial year ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Igloo Mortgage Limited (registered number: 12813449) were approved and authorised for issue by the Board of Directors on 20 April 2026. They were signed on its behalf by:

Mr D A L Bastin Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Igloo Mortgage Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Igloo Mortgage 173 Bridport Road, Poundbury, Dorchester, DT1 3AH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover consists of mortgage broker fees and commission and is the fair value of such consideration received or receivable. The company recognises revenue when the amount of revenue can be recognised reliably.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	Year ended 31.07.2025		Period from 01.09.2023 to 31.07.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	6		3

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 August 2024	1,700		1,700
At 31 July 2025	1,700		1,700
Accumulated depreciation
At 01 August 2024	460		460
Charge for the financial year	425		425
At 31 July 2025	885		885
Net book value
At 31 July 2025	815		815
At 31 July 2024	1,240		1,240

4. Creditors: amounts falling due within one year

	31.07.2025		31.07.2024
	£		£
Taxation and social security	8,248		3,955
Other creditors	9,581		5,191
	17,829		9,146